Funding to Back the Development of the AI & Advanced Manufacturing Gigafactory Initiative
New York, NY, Dec. 15, 2025 — Chaince Digital Holdings Inc. (“Chaince” or the “Company”) (Nasdaq: CD) (previously known as Mercurity Fintech Holding Inc.), a holding company centered on fintech and digital assets, announced today that it has concluded a private placement with an institutional investor, generating gross proceeds of around US$6.14 million.
As per the terms of the Securities Purchase Agreement, the investor bought a total of 1,000,000 ordinary shares of the Company at a per – share purchase price equivalent to the closing price of Chaince’s ordinary shares on the Nasdaq Stock Market on December 5, 2025 ($6.14), resulting in total gross proceeds of US$6.14 million before subtracting fees and expenses.
The securities were offered and sold in a transaction exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), and were issued to an investor in a transaction in accordance with Regulation S under the Securities Act. The above – described securities have not been registered under the Securities Act or the securities laws of any state or other jurisdiction and cannot be offered or sold in the United States without registration or an applicable exemption from such registration requirements.
Strategic Utilization of Proceeds: Bolstering Chaince’s AI & Advanced Manufacturing Expansion
Chaince plans to utilize the net proceeds from this offering for general corporate and working capital purposes, which include supporting:
- The initial – phase development and planning of Chaince’s U.S. – based AI and semiconductor – focused precision components gigafactory, as announced in the Company’s recent strategic partnership;
- The expansion of AI/HPC infrastructure platforms and related technology R&D;
- Capital markets and corporate development activities through Chaince Securities, LLC, the Company’s U.S. broker – dealer subsidiary.
This financing strengthens Chaince’s balance sheet as the Company speeds up its shift towards AI – driven industrial technology, complementing the multi – hundred – million – dollar strategic manufacturing initiative outlined in the parties’ framework agreement.
No Offer or Solicitation
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of these securities in any jurisdiction where such offer, solicitation, or sale would be illegal before registration or qualification under the securities laws of that jurisdiction.
About Chaince Digital Holdings Inc.
“Chaince Digital Brings Finance On – Chain.”
Chaince Digital Holdings Inc. (Nasdaq: CD) (previously Mercurity Fintech Holding Inc.) is a digital finance and technology company concentrating on tokenization, on – chain innovation, and regulated brokerage services. Through its subsidiaries, such as Chaince Securities, LLC, a FINRA – registered broker – dealer, and AI/HPC infrastructure platforms, Chaince offers technology – enabled solutions across distributed computing, business consulting, and capital markets services. The Company aims to connect traditional financial markets with the emerging digital asset economy through compliant, scalable, and institutional – grade infrastructure. For more information, please visit
Forward – Looking Statements
This announcement contains forward – looking statements as defined by the safe – harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements in this announcement, except for statements of historical fact, are forward – looking statements. These forward – looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes might impact its financial condition, results of operations, business strategy, and financial needs. Investors can recognize these forward – looking statements by words or phrases like “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. The Company has no obligation to update forward – looking statements to reflect subsequent events or circumstances or changes in its expectations, except as required by law. Although the Company believes that the expectations expressed in these forward – looking statements are reasonable, it cannot guarantee that such expectations will prove correct, and the Company warns investors that actual results may vary significantly from the anticipated results.
For more information, please contact:
International Elite Capital Inc.
Annabelle Zhang
Tel: +1(646) 866 – 7928
Email: chaince@iecapitalusa.com
